Public sector banks in India are staring at humongous piles of bad debts, delinquent loans are rising unabated. Ballooning bad debts have caused 10 Indian state-owned banks to report losses of a whopping Rs.153 billion for the March, 2016 quarter. India Ratings, a Fitch associate, estimates that 21 per cent of the total bank credit is stressed.

The prospects of exports of the ´Made in India´ electrical equipment looks great for the domestic players and they are expecting doubling exports in the next 3-4 years.After four consecutive quarters of negative growth, India´s Rs 1.30 lakh crore electrical equipment industry has shown a two per cent positive growth in the first quarter of the current fiscal (April-June, 2013-14) largely attributed to increase in exports of electrical equipment from India.

The prospects of exports of the ´Made in India´ electrical equipment looks great for the domestic players and they are expecting doubling exports in the next 3-4 years.After four consecutive quarters of negative growth, India´s Rs 1.30 lakh crore electrical equipment industry has shown a two per cent positive growth in the first quarter of the current fiscal (April-June, 2013-14) largely attributed to increase in exports of electrical equipment from India.

The credit quality cycle is expected to turn for the better, very gradually. In 2013-14, we expect a further reduction in repo rate, a part of which banks are likely to pass on to corporate India, says the global rating agency CRISIL.

The credit quality cycle is expected to turn for the better, very gradually. In 2013-14, we expect a further reduction in repo rate, a part of which banks are likely to pass on to corporate India, says the global rating agency CRISIL.

On policy front, the approval for the formation of 'Cabinet Committee on Investments (CCI)' in December 2012 is a positive development for infrastructure sector. The basic objective of CCI is to enable greenfield projects to get the required clearances in a timely manner, including those related to land acquisition. Its actual efficacy however remains to be seen.

On policy front, the approval for the formation of 'Cabinet Committee on Investments (CCI)' in December 2012 is a positive development for infrastructure sector. The basic objective of CCI is to enable greenfield projects to get the required clearances in a timely manner, including those related to land acquisition. Its actual efficacy however remains to be seen.